HMC Investment Securities, changed its name to "Hyundai Securities' July

[Korea goyounghun financial newspaper reporter Hyundai Motor Group subsidiary in July from the HMC Investment Securities put a sign changed to "Hyundai Securities' and start over.

HMC Investment Securities to assume that Company shareholders in July as part of amendments to the Articles of Incorporation to change the "Hyundai Securities' General Assembly agenda coming from the Board said Tuesday. If approved by the shareholders' meeting next month 17 days 2 name change is confirmed.

Since last year, KB Securities signed an agreement to acquire the HMC Investment Securities Hyundai Securities has promoted the name change. Hyundai Securities, KB Financial Group as an argument to because modern brand disappeared. For this purpose, HMC Investment Securities has filed a trademark registration last May.

If the HMC Investment Securities in four people will use this time to change the Hyundai-Kia Automotive Group's mutual in about nine years. With the Hyundai-Kia Automotive Group tried to put the name of 'modern' or 'Hyundai''s mission since taking over as the starting emerging securities collapsed in 2008 opposed side of the Hyundai Group that it will eventually have the HMC Investment Securities Iranian mission.

Currently Hyundai Motor and Kia Motors, Hyundai Mobis holds a 49.38% stake in HMC Investment Securities.



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